1. Categories >> Accounting >> Accounting General
  2. Suggest New Category

The 'going concern concept' is the underlying basis for:
1.stating fixed assets at their historical cost
2.disclosing the market value of securities
3.disclosing the sales and other operating information in
the income statement
4.none of the above

Question Posted / kasyap


The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their ..

Answer / ashok

2

Is This Answer Correct ?    12 Yes 4 No

Post New Answer

More Accounting General Interview Questions

how to pass the opening stock entry & closing Stock entry in Tally ?

12 Answers   KBC, TCS,

whtat is suspenses account

6 Answers   Su Kam,

salary and rent provision entry in tally erp 9

4 Answers   RVSA,

Contents of a Balance sheet

6 Answers  

hi to all.... what is the treatment for Work-In-Progress in Tally...please answer for it as early as possible... thanks & regards

0 Answers   PWC,




How to maintain the reserve a/c inspite of the withdrawls in a propreitorship and ways to reduce the gap of excess current assets to the less current liabilities.

0 Answers  

Depreciation comes under direct or indirect expense

1 Answers  

We purchased packing material against H form condition, without Sales Tax, Now against we want issue C form to party with payment of CST 2%, C form issue only Basic amount, or including CST amount?

1 Answers   Wipro,

what is the meaning of Cost center?

6 Answers  

which type of questions did HR Manager ask and what are the answers

0 Answers   Bank Of America,

What is a Special Calendar and its types

0 Answers  

What is properties or real accounts?

3 Answers  

For more Accounting General Interview Questions Click Here
Categories